Birdwatch Archive

Birdwatch Note Rating

2025-01-09 23:11:51 UTC - NOT_HELPFUL

Rated by Participant: 7C87BF1394146495D4D80785A9836AAB39B89730ADBEDAA81F70A56FD071CF3A
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Original Note:

This post implies the FAIR Plan won't be able to pay claims and will cease to exist. In fact, beyond reserves they have reinsurance and the ability to assess as well as require market share participation by admitted carriers. https://www.reinsurancene.ws/fair-plan-one-event-away-from-needing-a-large-assessment-warns-roach/

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